Comments Off on Explore the New Tax Exemption Rules for Freezone companies in UAE
According to the latest guide of the Federal Tax Authority (FTA), freezone companies in the UAE need to meet some eligibility criteria to be eligible for 0% corporate income tax on their business activities. It will help entrepreneurs to become qualified free zone persons (QFZP).Â
VAT in Dubai Freezone
As per the UAE VAT Law, freezone companies in Dubai need to undergo VAT registration and be eligible to register under the group VAT system. The VAT implementation rules in the UAE allow entrepreneurs to transfer any goods within these designated zones tax-free.Â